Market Newsdesk

• Part of Xometry’s pledge to provide scholarships to nearly 250 manufacturing students across the US
• Reflects Xometry’s continuing commitment to Kentucky and to championing the state’s skilled workforce
• Supports the industries of tomorrow – aerospace, robotics, autonomous and electric vehicles and clean energy – that are crucial to America’s prominence on the global stage
  

LEXINGTON, Ky., Sept. 23, 2022 (GLOBE NEWSWIRE) — Xometry (NASDAQ: XMTR), a global online marketplace connecting enterprise buyers with suppliers of manufacturing services, Kentucky Lt. Gov. Jacqueline Coleman and Kentucky Community and Technical College System President Dr. Paul Czarapata, along with Dr. Koffi Akakpo, the President of Bluegrass Community and Technical College, today announced an innovative public-private partnership in which Xometry will fund 50 scholarships for KCTCS students. 

As part of its broader commitment to supporting small- and medium manufacturers in Kentucky and throughout the country, Xometry CEO Randy Altschuler announced the company is dedicating a portion of its equity to fund scholarships that are designed to train the next generation of skilled mechanical engineers, technicians and machinists. Information about applying for the scholarships can be found here.

In addition to KCTCS, Xometry is funding the scholarships through its previously announced Donor Advised Fund for nearly 250 students in five other key manufacturing states – Maryland, Wisconsin, South Carolina and New York, with Connecticut to be announced shortly. Last year, Xometry, in partnership with Howard University, pledged eight full tuition scholarships over four school years to students enrolled in the Department of Mechanical Engineering at the Howard University College of Engineering and Architecture.

“We’re very grateful for Xometry’s generous donation to fund scholarships for 50 of our students,” Dr. Czarapata said. “This will provide an opportunity for more Kentuckians to earn credentials that are in high demand in the manufacturing field. It’s also a win for employers who can’t find enough skilled workers.”

“Kentucky’s economy is on fire and today’s announcement underscores the fact,” Lt. Gov. Coleman said. “Xometry is betting on Team Kentucky, especially our students and next generation of leaders. We are proud to partner with Xometry and know this scholarship program will be transformative for 50 KCTCS students.”

Xometry helps companies create locally resilient supply chains by providing access to domestic manufacturers, resulting in efficient development and production cycles so goods get to market faster. In funding the scholarships, Xometry is working to ensure that manufacturers can attract and train employees who will power the industries of tomorrow – aerospace, autonomous and electric vehicles, green energy, sustainable agriculture and robotics, among others.

Kentucky is a pivotal state for Xometry. The company acquired Lexington-based firm MakeTime in 2018 and has since more than doubled its workforce in the region. A year ago, Xometry opened a new 10,000 square-foot office in the city’s Cadentown neighborhood. Xometry CEO Altschuler cites the skill set of Kentucky’s labor force and its exceptional institutions of higher education for the company’s commitment to the state.

“As the largest digital marketplace of its kind, we work with thousands of manufacturers across the country. We uniquely understand their imminent needs, and a skilled workforce tops the list,” Altschuler said. “All of us at Xometry come to work every day committed to investing in the next generation of skilled workers and to accelerating innovation. We’re deeply committed to Kentucky, which is our second home, and we appreciate the support of Lt. Governor Coleman. We’re thrilled to partner with KCTCS to fund scholarships that will train the next cohort of manufacturing talent so they have the tools to succeed and help our industry continue to thrive.”

“I commend Randy Altschuler and the entire team at Xometry for their commitment to developing the next generation of leaders in manufacturing right here in Kentucky,” said U.S. Congressman Andy Barr (KY-06). “The Kentucky Community and Technological College System is the perfect partner for this initiative. I am looking forward to meeting recipients of these scholarships and seeing the impact this will make in our community for years to come.”

Joining Altschuler, Lt. Gov. Coleman, Dr. Paul Czarapata and Dr. Koffi Akakpo for the announcement were: Kentucky State Representative Dan Fister (District 56); Chief Development Officer Kevin R. Atkins from the Office of Lexington Mayor Linda Gorton, and Lexington City Council Members James Brown (1^st District) and Josh McCurn (2^nd District).

About Kentucky Community & Technical College System

The Kentucky Community and Technical College System (KCTCS) is the Commonwealth’s largest postsecondary institution with 16 colleges and more than 70 campuses. We also are Kentucky’s largest provider of workforce training, dual credit classes and online education. Through partnerships with business and industry, we align our programs to meet the needs of local employers. Our colleges are united in their commitment to making life better for our students, communities and the citizens of Kentucky. To date, KCTCS has served more than one million Kentuckians. 

About Xometry

Xometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry’s digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies to tap into global manufacturing capacity and create locally resilient supply chains. Learn more at www.xometry.com or follow @xometry.

Press Contacts:

Matthew Hutchison
Xometry
[email protected]

Terri Giltner
Kentucky Community & Technical College System
[email protected]

JT Henderson for Lt. Governor Jacqueline Coleman
[email protected]

NEW YORK, Sept. 23, 2022 (GLOBE NEWSWIRE) —  FMW Media’s New to The Street TV announces broadcasting its sponsored program business show Saturday, September 24, 2022, on Bloomberg TV at 6:00 PM ET.

New to The Street’s
TV episode #388 will air the following business interviews:

1). PetVivo Holdings, Inc.’s (NASDAQ: PETV) (NASDAQ: PETVW) ($PETV) interview with John Lai, CEO & President.

2). Acurx Pharmaceuticals, Inc.’s (NASDAQ: ACXP) ($ACXP) interview with David Luci, President / CEO.

3). “Unstoppable Segment” – Coastal Kapital, LLC’s interviews with Kortney Murray, CEO/Founder, and Chris Murray, Senior Vice-president.

4). “Unstoppable Segment” – Blue Castle Ventures LTD’s (CRYPTO: BCVD) ($BCVD) interview with David Rojas, CEO/Founder.

New to The Street TV is airing the Nasdaq Marketplace studio interview with John Lai, CEO / President PetVivo Holdings, Inc. (NASDAQ: PETV) (NASDAQ: PETVW) ($PETV). The Company is a biomedical device company that manufactures, commercializes, and licenses innovative medical devices and therapeutics for companion animals. Talking with TV Host Jane King, John gives viewers an update on the recent launch of the distribution agreement between PETV and MWI Animal Health (MWI), a leading animal health products and services distributor, and Amerisource Bergen subsidiary. With over $5B in annual revenue, MWI is one of the largest distributors of veterinary drugs and products, with lots of business resources and skilled personnel. Securos is the educational division at MWI, which provides hands-on training, resources, and continuing education for veterinarians, helping them understand the full benefits of products. The educational and sales/ market teams at MWI now promote and distribute PETV’s injectable patented Spryng with OsteoCushion Technology that treats osteoarthritis and joint afflictions for dogs, horses, and cats. As a naturally derived product, Spryng mimics collagen tissue that significantly improves animals’ afflicted joints. The feline osteoarthritis version of Spryng is coming to market soon. John says the Spryng roll-out with MWI is going very well. He explains three reasons for Spryng continued growth: 1) it is a naturally derived product, 2) it is not a pharmaceutical or biological derived product, and 3) it has a recyclable package in line with ESG (Environmental, Social, and Governance) standards. Recently, PETV hired more seasoned personnel with over two decades of sales/marketing experience in the pet industry. The on-screen QR code is available during the show; download or visit PetVivo Holdings, Inc. – https://petvivo.com/ and Spryng with OsteoCushion Technology –https://www.sprynghealth.com/.

New to The Street TV welcomes David Luci, the President / CEO at Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) ($ACXP). From the Nasdaq Marketplace studio, David talks with TV Host Jane King about the Company’s clinical biopharmaceutical business developing a new class of antibiotics for bacterial infections. David discusses the Company’s novel Ibezapolstat drug, a potential treatment for Clostridioides difficile Infections (CDI). With the recent positive outcome from Ibezapolstat’s FDA Phase 2a clinical and microbiome data, the Company is now enrolling patients for its FDA Phase 2b trial. CDI kills about 29,000 people annually; many catch the infection in hospitals and nursing homes. Clinical data to date shows that Ibezapolstat increases the good microbiome bacteria in the gut, and it demonstrated eradication of CDI during 3-days of treatment. David references Summit Therapeutics, and their recent Phase 3 FDA failure on a competitive CDI drug. There has been NO new class of antibiotic drugs since 1984, and the current frontline treatment Vancomycin, has limitations with about a 15-20% rate of CDI recurrence. Big Pharma wants a new class of antibiotics to combat CDI and other bacterial infections. David explains that being public is essential and helps the Company raise money, as needed, going forward with current and other pipeline treatments. Private and Governmental organization grants are a good source for early-stage development of new novel drug products. David will do a follow-up interview to inform viewers of the progress with the Ibezapolstat drug and the Company. The on-screen QR code is available during the show; download or visit Acurx Pharmaceuticals, Inc. – https://www.acurxpharma.com/

From the Nasdaq Marketplace studio, New to The Street TV airs its “Unstoppable – Segment” with TV Co-Hosts Jane King and Rhonda Swan, who interview Coastal Kapital, LLC’s Kortney Murray, CEO/Founder, and Chris Murry, Senior Vice-president. Coastal Kapital, LLC is a funding source for businesses needing capital for equipment purchases/leases, heavy equipment, sales/marketing, expansion, inventories, and other business cycle functions. As a non-bank, Kortney explains her moniker “Storytime Lender”- more than just a credit score. Entrepreneurs sometimes get financially upside down and take a credit hit, Coastal Kapital looks beyond that credit score but focuses on a business’s operation and the owner’s commitment to succeed. The business story is essential, which can decide on lending approvals. Women-owned companies can find capital solutions at Coastal. Chris Murray, Senior Vice-President, explains Coastal Kapital’s launch into other business sectors for lending needs in e-commerce, software solutions, advertising, marketing, and even book writers. Always looking for innovation in its lending practices which gives it an advantage over its competitors’ practices, Coastal Kapital is financing you can trust. The on-screen QR code is available during the show; download or visit Coastal Kapital, LLC – https://coastalkapital.com/.

David Rojas, Chief Executive Officer / Founder of Blue Castles Ventures, LTD. (CRYPTO: BCVD) ($BCVD), is on New to The Street’s “Unstoppable – Segment.” From the Nasdaq Marketplace studio, David talks with Co-Hosts Jane King and Rhonda Swan about Blue Castles Ventures’ financial products. With experiences in day trading, personal/corporate finance, mergers and risk management, David explains the Company’s NFT platform. The biggest problem with the crypto marketplace is that most cryptos have no tangible assets backing their value. Many have lost millions of dollars trading crypto, with DeFi Exchanges making money from transactional fees. David is using his asset-backed stablecoin $BCVD on the ecosystem to establish an NFT marketplace that creates an actual value blockchain from real collateral in assets. Currently, Blue Venture’s creates NFTs for art and is developing other value-backed NFTs in different industries like real estate. The Company offers a “Crypto-Certificate,” which guarantees actual ownership of real assets on the blockchain. With a worldwide client base, the Blue Castle NFT platform awards a percentage back in $BCVD tokens for clients’ participation on the blockchain. The blockchain’s intended use is to create a decentralized marketplace for the movement of goods and services, not to trade worthless crypto not back by anything except air. David is committed to future growth in the crypto industry while creating value-added financial products backed by physical assets. Blue Castle Ventures LTD does not trade cryptocurrencies or carry out transactions or investments with cryptocurrencies; all the Company’s operations are in US dollars. The blockchain is a cryptography and security system. The on-screen QR code is available during the show; download or visit Blue Castle Ventures LTD – https://bluecastleventures.ca/.

About


PetVivo Holdings, Inc.


(NASDAQ: PETV)
(NASDAQ: PETVW)
($PETV):

PetVivo Holdings Inc.
(NASDAQ: PETV) (NASDAQ: PETVW) ($PETV) is an emerging biomedical device company focused on manufacturing, commercializing, and licensing innovative medical devices and therapeutics for companion animals. The Company’s strategy is to leverage human therapies for treating companion animals cost-effectively and time-efficiently. A vital component of this strategy is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than more stringently regulated pharmaceuticals and biologics. PetVivo has a pipeline of seventeen products for the treatment of animals and people. A portfolio of nineteen patents protects the Company’s biomaterials, products, production processes, and methods of use. The Company’s lead product SPRYNG^™ with OsteoCushion^™ technology, a veterinarian-administered, intraarticular injection for the management of lameness and other joint-related afflictions, including osteoarthritis, in dogs and horses, is currently available for commercial sale – https://petvivo.com/.

About 


Acurx Pharmaceuticals, Inc.


(NASDAQ: ACXP) ($ACXP):

Acurx Pharmaceuticals, Inc. (
NASDAQ: ACXP) ($ACXP) is a clinical-stage biopharmaceutical Company focused on developing new antibiotics for difficult-to-treat infections. The Company’s approach is to develop antibiotic candidates that target the DNA polymerase IIIC enzyme. Its R&D pipeline includes antibiotic product candidates that target Gram-positive bacteria, including Clostridioides difficile, methicillin-resistant Staphylococcus aureus (MRSA), vancomycin-resistant Enterococcus (VRE), and drug-resistant Streptococcus pneumoniae (DRSP). The Company’s Ibezapolstat is a novel, orally administered antibiotic developed as a Gram-Positive Selective Spectrum (GPSS™) antibacterial.  It is the first of a new class of DNA polymerase IIIC inhibitors under development by Acurx to treat bacterial infections.  Ibezapolstat’s unique spectrum of activity, which includes C. difficile but spares other Firmicutes and the important Actinobacteria phyla, appears to contribute to maintaining a healthy gut microbiome. The Company completed Phase 1 and Phase 2a clinical trials of ibezapolstat. To learn more about Acurx Pharmaceuticals and its product pipeline, please visit www.acurxpharma.com.

About


Coastal Kapital, LLC


.

Coastal Kapital, LLC
provides businesses with the capital needed to get a competitive edge, maximizing a company’s profits. Helping companies succeed since 2007, Coastal Kapital account executives with over 14 years of experience have relationships with over 150 different programs. Their clients understand that time equals money, and Coastal Kapital is the one-stop shop for all your financial needs and offers its clients the most innovative programs. They offer equipment leasing, business loans, working capital, merchant Processing, collateral asset, and real estate-backed funding, regardless of credit type. Coastal Kapital is a dedicated financial service leader in commercial equipment and asset-based lending and maintains relationships with business owners, vendors, and manufacturers across the US who value partnerships and integrity. Coastal Kapital is financing you can trust – https://coastalkapital.com/.

About


Blue Castles Ventures, LTD.


(CRYPTO: BCVD) ($BCVD):

Blue Castle Ventures LTD
(CRYPTO: BCVD) ($BCVD) is the first company in the world to truly have digital assets that have a physical collateral. NFTs are our main traded digital asset, these NFTs have a real painting or collateral from a real artist. Blue Castle Ventures has its own blockchain system to guarantee operations. The company also has products that emulate financial planning based upon the NFTs commercialization and stock trading –https://bluecastleventures.ca/.

About FMW Media: 

FMW Media operates one of the longest-running US and International sponsored and Syndicated Nielsen Rated programming TV brands, “New to The Street,” and its blockchain show, “Exploring The Block.” Since 2009, these brands have run biographical interview segment shows across major U.S. Television networks. The paid-for-TV programming platforms can potentially reach over 540 million homes in the US and international markets. FMW’s New to The Street / Newsmax TV broadcasting platform airs its syndication on Sundays at 10 -11 AM ET. FMW is also one of the nation’s largest buyers of linear television, long and short-form paid programming – https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

CONTACT:

FMW Media Contacts:

 Bryan Johnson
 +1 (631) 766-7462
 [email protected]

“New to The Street” Business Development Office
1-516-696-5900
[email protected]

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ea21271-7505-41c1-8385-c56da24d78b2

 

Michelle Wie West to Serve as Mizuho Brand Ambassador and Tournament Host

Top Junior Players Compete Alongside 120 of the World’s Best Golfers

JERSEY CITY, N.J., Sept. 23, 2022 (GLOBE NEWSWIRE) — The LPGA and Mizuho Americas, the NYC-headquartered arm of one of the largest financial institutions in the world, today announced that the inaugural Mizuho Americas Open will take place May 29 – June 4, 2023, at the prestigious Liberty National Golf Club in Jersey City, NJ.

The Mizuho Americas Open will mark the first time Liberty National welcomes the LPGA Tour, after hosting several world-class events, including the Presidents Cup and multiple PGA TOUR playoff stops. The tournament will see the best golfers in the world compete for a $2.75 million purse, one of the largest non-Major Championship purses on the LPGA Tour calendar for the 2023 season, against the backdrop of the Manhattan skyline and Statue of Liberty.

In addition, the Mizuho Americas Open will concurrently host an AJGA Invitational, which will provide the opportunity for 24 female junior golfers on the American Junior Golf Association (AJGA) Tour to compete alongside the 120-player LPGA Tour field for their own individual title. This unique format marks the first time that the AJGA and the LPGA have partnered to showcase the stars of today competing inside-the-ropes with the future of the game, creating an unprecedented week of education and access to inspire the next generation of LPGA Tour players.

“The Mizuho Americas Open is a purpose-driven partnership that aligns our shared values of opportunity, equity, and advancing the next generation of talent,” said Shuji Matsuura, Chairman & CEO, Mizuho Americas. “We look forward to collaborating closely with the LPGA and inviting colleagues and clients to join in supporting this world-class event that promotes women, celebrates excellence, and sets new standards of competition.”

The multi-year agreement between the LPGA, Mizuho Americas, and Liberty National marks the global bank’s first entry into sports sponsorship in the U.S. As part of the launch, LPGA Tour icon Michelle Wie West, who recently took a step back from professional competition, will serve as Tournament Host and Mizuho Brand Ambassador.

“When I announced that I was stepping away from competitive golf earlier this season, my goal was to continue to live by the LPGA mantra to ‘Act Like a Founder,’ and to leave the game in a better place than I found it,” said Wie West. “With the help of Mizuho Americas and the amazing partners that have joined together to bring this to Liberty National, we’ll be able to do just that and impact future generations of the game. I am so proud to host this groundbreaking event and partner with a company that sees the value in supporting women’s golf.”

The Mizuho Americas Open is being launched at a time of record-setting global growth for the LPGA. One of the world’s oldest professional women’s sports organizations, 2022 sees the Tour’s 32 tournaments offering a record-high $93.5 million in prize money to athletes representing more than 35 countries.

“The Mizuho Americas Open is an exciting addition to the LPGA Tour schedule, offering a unique opportunity to showcase the very best of today’s players competing alongside the future of the game,” said Mollie Marcoux Samaan, Commissioner, LPGA Tour. “As the worldwide leader in women’s golf, the LPGA is committed to integrating and growing all parts of the female golf ecosystem and this event is perfectly aligned with that goal. From the first time we met the teams at Mizuho and Liberty National, it was clear how committed they both were to making this a game-changing event for players, employees and fans and more broadly, using the tournament as a platform to advance opportunities for girls and women on and off the golf course. I’m thrilled to welcome Mizuho and Liberty National Golf Club to the LPGA family and thank Michelle for continuing to help drive the LPGA forward as she has done her whole career.”

Established in 2006, Liberty National Golf Club will challenge the best golfers in the world, while delivering some of the most stunning views in golf. The iconic venue will add the LPGA Tour to its impressive line-up, having already hosted some of the most prominent events in professional golf.

“Hosting an original and distinctive LPGA Tour event at Liberty National is one of the reasons we built the club,” said Dan Fireman, Co-Founder and President, Liberty National Golf Club, along with his father and Co-Founder Paul Fireman. “We are elated to align with Mizuho and the LPGA, and look forward to our iconic location serving as the backdrop of the Mizuho Americas Open for many years to come.”

The leading tour for junior golfers, the AJGA is a nonprofit organization dedicated to the overall growth and development of young men and women who aspire to earn college golf scholarships through competitive junior golf.

“The opportunity to tee it up alongside the LPGA Tour stars of today at Liberty National Golf Club is an absolute treat for 24 junior golfers aspiring to compete at the highest level,” said Jason Etzen, Chief Business Officer, AJGA. “The integration of educational programming throughout the week will be invaluable for the next generation of young stars.”

The Mizuho Americas Open is owned and operated by Excel Sports Management, an industry leading sports agency that represents marquee brands, properties, and talent across the sports world, including many of the top players and rising stars on the LPGA Tour.

“The Mizuho Americas Open immediately establishes itself as one of the premier events on the LPGA calendar,” said Kevin Hopkins, Vice President, Excel Sports Management. “With a committed Title Sponsor, a unique format, an influential tournament host, and a first-class venue, we have all the pieces in place to create a special experience for our players, sponsors, and the passionate golf and sports fans here in the New York Metropolitan Area.”

Information on ticket sales, corporate hospitality and volunteer opportunities will soon be available at www.mizuhoamericasopen.com. Follow @MizuhoLPGA on Twitter, Instagram and Facebook for the latest news on the event.

About Mizuho Americas

Mizuho Americas is a leading provider of a broad range of financial services, including investment and corporate banking, lending, custody, treasury services, research and capital markets solutions. With professionals across the U.S., Canada, and Latin America, Mizuho Americas supports corporate clients, institutional investors and public sector organizations by connecting local markets to a vast global network. To learn more about Mizuho Americas’ business, values, and ethical commitments, and the entities it comprises, visit www.mizuhoamericas.com.

Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services through its subsidiaries. The group has approximately 800 offices and 55,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA and Asia. As of December 31, 2021, its total assets were approximately $2 trillion. Learn more about Mizuho Financial Group at www.mizuhogroup.com.

About the LPGA

The LPGA is the world’s leading professional golf organization for women, with a goal to change the face of golf by making the sport more accessible and inclusive. Created in 1950 by 13 Founders, the Association celebrates a diverse and storied history. The LPGA Tour competes across the globe, reaching television audiences in more than 220 countries. The Epson Tour, the LPGA’s official qualifying tour, consistently produces a pipeline of talent ready for the world stage. The LPGA also holds a joint-venture collaboration with the Ladies European Tour (LET), increasing playing opportunities for female golfers in Europe. Across the Tours, the LPGA represents players in more than 60 countries. Additionally, the LPGA Foundation has empowered and supported girls and women since 1991, most notably through LPGA*USGA Girls Golf, the only national program of its kind, which annually engages with nearly 100,000 girls. The LPGA Amateur Golf Association and LPGA Women’s Network provide virtual and in-person connections to female golfers around the world, while LPGA Professionals are educators, business leaders and game changers dedicated to growing the game of golf for everyone.

Follow the LPGA on its U.S. television home, Golf Channel, online at www.LPGA.com and on its mobile apps. Join the social conversation on Facebook, Twitter, Instagram and YouTube.

About Liberty National Golf Club

One of the world’s most iconic golf locales, Liberty National Golf Club is located along the Hudson River in Jersey City, NJ, with striking views of the Statue of Liberty, Ellis Island and Manhattan skyline. Liberty National fittingly opened on July 4, 2006, and is guided by the vision and leadership of former Reebok Founder, Chairman & CEO Paul Fireman and his son Dan Fireman, managing partner of Fireman Capital Partners. Designed by US Open Champion Tom Kite and esteemed golf course mastermind Bob Cupp, Liberty National is kept in tournament ready playing condition. Liberty National hosted The Presidents Cup in 2017 as well as multiple PGA TOUR FedExCup Playoff events. For more information about Liberty National Golf Club, visit www.libertynationalgc.com

FOR INQUIRIES, PLEASE CONTACT:

For Mizuho:

Jim Gorman
Executive Director, Media Relations, Mizuho Americas
+1-212-282-3867
[email protected]

Max Rayden
Vice President, Edelman Smithfield
+1 646 897 2474
[email protected]

For Mizuho Americas Open:

Rachel Walsh
Excel Sports Management
+1-973-714-2583
[email protected]

For LPGA:

Christina Lance
Director, Communications
[email protected]

Fort Lauderdale, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (the “Company” or “Splash Beverage Group”), a portfolio company of leading beverage brands, earlier today announced an offering of common stock for aggregate gross proceeds of approximately $3.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses.

Robert Nistico, Splash Beverage Group’s Chairman and CEO, commented, “This capital raise is to ensure we have sufficient inventory to fill orders and support the significant gains in distribution and chain retail authorizations for all our brands.  We have announced numerous distribution and retail chain agreements recently, and it is critical to have sufficient inventory to support this activity, Additionally, it is imperative we do not run out of stock at this inflection point as our brands accelerate at retail, and we continue to add chains retail business … this is a very exciting time for us”

As previously announced, the Company has recently entered into distribution and retail chain agreements with Target department stores, am/pm, Circle K, 7-11, UNFI, Carey Distributors, Wantz Distribution, Central Distribution, Buck Distributing Lohr Distributing, and others.

For more information visit:

www.SplashBeverageGroup.com

www.copadivino.com

www.drinksalttequila.com

www.pulpo-loco.com

www.tapoutdrinks.com

About Splash Beverage Group

Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company’s Annual Report on Form 10-K filed with the SEC on March 31, 2022, and in the Company’s other filings with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

Contact:

Splash Beverage Group
[email protected]
954-745-5815

NEWTOWN, Pa., Sept. 23, 2022 (GLOBE NEWSWIRE) — The law firm of Edelson Lechtzin LLP is investigating securities fraud claims on behalf of purchasers of Fulgent Genetics, Inc. (“Fulgent” or the “Company”) (NASDAQ: FLGT) common stock between March 22, 2019, and August 4, 2022, inclusive (the “Class Period”).

Investors who purchased Fulgent common stock during the Class Period may move the U.S. District Court for the Central District of California to appoint them as lead plaintiff, no later than November 21, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Investors who wish to discuss the lead plaintiff selection process should contact Edelson Lechtzin LLP, toll free at 1-844-696-7492, or by e-mail at [email protected]. A copy of the class action complaint can be viewed HERE.

Background on the Fulgent Genetics, Inc. Securities Class Action

Fulgent is a full-service genomic testing company built around a foundational technology platform. Fulgent has a diverse testing menu and is focused on transforming patient care in oncology, anatomic pathology, infectious diseases, and reproductive health. Together with its subsidiaries, Fulgent provides COVID-19, molecular diagnostic, and genetic testing services to physicians and patients in the U.S and internationally.

The Complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements regarding Fulgent’s business, operations, and compliance policies. Specifically, it is alleged that Fulgent had been conducting medically unnecessary laboratory testing, engaging in improper billing practices in relation to laboratory testing, and providing or receiving payments in violation of the Anti-Kickback Statute (which prohibits the knowing and willful payment of remuneration to induce or reward patient referrals or the generation of business involving any item or service payable by federal health care programs) and the Stark Law (which prohibits a physician from making referrals of certain designated health services, including laboratory services, that are covered by Medicare, to an entity with which the physician or an immediate family member has a direct or indirect financial relationship). Accordingly, Fulgent was likely to become subject to enhanced legal and regulatory scrutiny, which rendered Fulgent’s revenues – to the extent they were derived from the alleged unlawful conduct – unsustainable. Fulgent would likely be subject to significant financial and reputational harm when the foregoing alleged violations of law were revealed and, as a result, Fulgent’s public statements were materially false and misleading at all relevant times.

On August 4, 2022, Fulgent released its second quarter 2022 financial results, disclosing that the SEC was investigating certain of Fulgent’s financial reports filed with the SEC from 2018 through the first quarter of 2020. This disclosure followed the Company’s receipt of a civil investigative demand issued by the U.S Department of Justice concerning “its investigation of allegations of unnecessary laboratory testing, improper billing for laboratory testing, and remuneration received or provided in violation of the Anti-Kickback Statute and the Stark Law.” On this news, the price of Fulgent common stock plummeted $11.02 per share, or 17.29%, over the next two trading sessions, to close at $52.72 per share on August 8, 2022.

For more information about the securities fraud class action and related litigation, please contact:

Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: [email protected]
Web: www.edelson-law.com  

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation in cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.